The Benefit of Doing Good
The “social discount” may not be as steep as investors think.
The “social discount” may not be as steep as investors think.
The authors provide answers to three questions about the increasingly popular and controversial funding approach called high engagement, or venture philanthropy. What do grantees gain from it? How does it work? And should we encourage it?
Individual development accounts, special savings accounts for the poor that provide matching dollars, are helping people escape from poverty.
Funders are calling for more program evaluation, but nonprofits are often collecting dubious data, at great cost to themselves and ultimately to the people they serve.
Large-scale social change requires broad cross-sector coordination, not the isolated intervention of individual organizations.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
Despite the hoopla over microfinance, it doesn't cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.
Social entrepreneurship and social enterprise have become popular and positive rallying points for those trying to improve the world, but social innovation is a better vehicle for understanding and creating social change in all of its manifestations.